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8337 Hwy 53, Braselton, GA, 30517

West Side Villages MHP
$2,551,458

Key Information

Cap Rate
9.51%
Lot Size
21.6 Acres
Units
29
Year Built
1978
Type
Manufactured Housing
NOI
$242,610

Highlights

  • Total Lots & Acreage: 29 total lots situated on a combined 21.6 acres across two backing parcels.
  • Unit Mix: 26 Park-Owned Homes (90%) and 3 Tenant-Owned Homes (10%). 
  • High Occupancy: Currently 100% occupied with consistent long-term tenants. 
  • Spacious Density: Exceptionally low-density layout of almost 1 unit per acre. 
  • Revenue Growth: Current average lot rent is $575, with a clear path to market rents of $600+.
  •  Utilities: City Water directly billed back to tenants and Septic Tanks
  • Rents: Extremely high parked owned home rents, averaging $1,150 per month  
  • Strong Returns: Historical Cap Rate of 9.50%  
  • Scale: Large average lot size of approximately 980 SF per unit within the 1978 build.
  •  Valuation: property valued at $2.55M.
  • Strategic Location: Direct access to Interstate 85 and a 45–50 minute commute to downtown Atlanta.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 80041, 451849 (GA)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203